印度拟对美国实施报复性关税！“关税大限”还有4天，美印谈崩了？

Core Points - India has announced retaliatory tariffs against the United States, amounting to $725 million, in response to U.S. tariffs on automobiles and auto parts [1][3] - The U.S. tariffs, which are 25%, are expected to impact Indian exports valued at $2.89 billion [1][3] - India has reserved the right to suspend concessions or other obligations due to the adverse effects of U.S. measures on its trade [1][4] Summary by Sections Retaliatory Tariffs - India plans to impose tariffs equivalent to the total amount of U.S. tariffs, which is $725 million [1][4] - The notification to the WTO indicates that India will suspend its obligations under the Safeguards Agreement [3][4] - The U.S. tariffs on imported passenger cars and light trucks, effective since May 3, 2025, are considered safeguards by India [3][5] Trade Negotiations - The deadline for U.S.-India trade negotiations is approaching, with a 90-day pause on tariffs ending on July 9 [6] - Key points of contention include India's reluctance to open its agricultural and dairy markets [6][7] - The agricultural sector constitutes 16% of India's $3.9 trillion economy, making it a sensitive area for negotiations [6] Market Access - The U.S. is urging India to allow imports of various products, including dairy, poultry, and grains, while India remains cautious about opening its markets [7] - India is willing to provide greater market access for certain products like dried fruits and apples but is hesitant regarding corn, soybeans, wheat, and dairy [7]